Wifts Investment Group

July 2010 Portfolio Update

rupneu1 — Wed, 11 Aug 2010 03:33:09 +0000

For July 2010, our portfolio returned 7.41% compared to 6.83% for the S&P500. Our portfolio outperformed the S&P500 by 0.58%. Portfolio Movers As we mentioned in our last post, a private equity group has made an offer of $55 for NBTY Inc (NTY). As a result, NTY was up 58% for the month. After a rough couple [...]

$3.8 billion deal for NBTY

rupneu1 — Thu, 15 Jul 2010 23:39:11 +0000

The Carlyle Group, a private equity firm, is paying $55 a share for NBTY Inc. NBTY makes nutritional supplement and we bought some of it’s stocks in May. Here is what we said in our May update: NBTY Inc makes and markets nutritional supplements. They have been growing rapidly in the last decade, and still [...]

June 2010 Portfolio Update

rupneu1 — Thu, 15 Jul 2010 04:01:49 +0000

For June 2010, our portfolio returned -3.83% compared to -5.62% for the S&P500. Our portfolio outperformed the S&P500 by 1.79%. Portfolio Movers Forest Laboratories (FRX) was up 6% in an overall down month. Friedman Industries and Archer Daniel Midland (ADM) were up a little over 2% each. On the other hand, Kindred Healthcare (KND) was down 17%. [...]

May 2010 Portfolio Update

rupneu1 — Fri, 11 Jun 2010 01:04:40 +0000

For May 2010, our portfolio returned -6.2% compared to -8.20% for the S&P500. Our portfolio outperformed the S&P500 by 2%. Portfolio Movers May was a terrible month for all stocks. Except for LMI Aerospace (LMIA), all the stocks in our holdings were down. LMIA stayed relatively flat for the month ending the month with a gain of [...]

AAR Corp falls 18%

rupneu1 — Tue, 25 May 2010 18:36:55 +0000

Shares of AAR Corp (NYSE: AIR) fell as much as 18% today after the company lowered their 2010 fourth quarter earning guidance to $0.25-0.30 per share . Here is the press release they issued: AAR CORP. (NYSE: AIR), today commented that results for the fourth quarter ending May 31, 2010, will be below its [...]

April 2010 Portfolio Update

rupneu1 — Thu, 13 May 2010 04:42:08 +0000

For April 2010, our portfolio returned 0.15% compared to 0.91% for the S&P500. Our portfolio underperformed the S&P500 by 0.76%. Portfolio Movers Ameron International (AMN) and Aceto Corp (ACET) were up 10% for the month. AMN and ACET are also the two largest holdings of the portfolio. Forest Lab (FRX) was major decliner. It went down 13% [...]

March 2010 Portfolio Update

rupneu1 — Thu, 08 Apr 2010 18:17:27 +0000

For March 2010, our portfolio returned 9.99% compared to 5.88% for the S&P500. Our portfolio outperformed the S&P500 by 4.11%. For the first quarter 2010, we were up 8.81% Vs 4.87% for S&P500. Please note that this is a total return including cash positions, so we outperformed the S&p500 with around 15-20% in cash. OSI Pharmaceuticals [...]

February 2010 Portfolio Update

rupneu1 — Thu, 04 Mar 2010 04:54:21 +0000

For the month of February, our portfolio returned -1.20% Vs a gain of 2.85% of S&P500. Our portfolio underperformed the S&P500 by 4.05%. Bank of America was the biggest gainer with 9.75% followed by a gain of 8.18% for OSI Pharmaceuticals (OSIP). OSIP released their annual earning report which showed the revenue from Terceva, their [...]

January 2010 Portfolio Update

rupneu1 — Thu, 11 Feb 2010 05:06:35 +0000

For the month of January, our portfolio was up 0.14% Vs a loss of 3.7% for the S&p500. Our portfolio outperformed the S&P500 by 3.84%. OSI Pharmaceutical Inc (OSIP) was up 10.2% and our largest holding, AMN gained 8.78%. On the other hand, Kindered Healthcare (KND) lost 8.4%, followed by Forest Lab (FRX) which lost 7.69%. Transactions Sold [...]

December 2009 Portfolio Update

rupneu1 — Tue, 05 Jan 2010 21:33:57 +0000

For the month of December, our portfolio was up 6.34% compared to 2.81% of S&P500. The portfolio outperformed the S&P500 by 3.53%. LMIA, KND were the biggest gainers with over 24% gain. AIR was up about 23%. AMN, our largest holding, was up 11% along with OME. December was a good month for almost all the [...]